Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 14.0%
- Listing ID: 471132
- Posted On: Sep 18, 2014
- Updated On: Dec 11, 2023
Description
90 site Mobile Home/ RV Community! Beautiful location in heart of the city!
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 89 |
| Total Occupancy: | 98.0 % |
| Year Built: | 1967 |
| Average MH Lot Rent: | $315 |
Financial Information (Actual)
| Gross Income: | $388,000 |
| Operating Expense: | $147,000 |
| Net Operating Income: | $241,000 |
| Expense Ratio: | 37.9 % |
Lot Information
| Singlewide Lots: | 45 |
RV Information
| Number of RV Lots: | 44 |
| Average RV Lot Rent: | $450 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 8 |
| Average Rent for Park-owned Homes: | $450 |
